Chances of Getting Admission in University of Michigan Ann Arbor

I got deffer ed today with the letter stating:
“Thank you for your application to the University of Michigan College of Literature, Science, and the Arts. We are pleased that you have applied and are impressed with your achievements. However, our high application volume, coupled with the very strong credentials of our applicants in recent years, has contributed to an increasingly competitive admissions process. As a result, we are writing to inform you that your application is currently being deferred for further review.
While this is not the answer that you were hoping to hear, your application remains under consideration. All final admissions decisions of admit, deny, or waitlist will be made no later than early April, 2017.
Strong fall semester or trimester grades may improve your status in the deferred pool of applicants. Therefore, please ask your high school counselor to forward them when they become available. Beyond that, we are confident that the information you have given us is more than sufficient for a final decision. The most successful candidates send us only what we require.”

I was reading people saying that there are “good” and “bad” deferral letters; would this be considered “good?”

and would straight As (including two AP classes) help a lot in my acceptance? I keep seeing people recommending sending “letters of continued interest,” if you get deferred, but my deferral letter pretty much says not to do that. So would my best bet be to send my updated grades and leave it at that?

ACT 33
SAT :1470: Math :760 Reading and writing 710
GPA :5.7/6.0 Weighted
Class Rank : 41/505
5 AP class in Junior year
The National Society of High School Scholars
National Merit Society
Good recommendation
German Club - Vice President
VP of robotics club
Athletics: JV/Varsity
Chess Club- Vice President and Co-Founder
Math Team
Debate
Tutor :school
School Robotics Team-Senior Member/Captain/Founder
scheduled for subject SAT test dec 5

Any chance of getting into it after getting the deffer

yes umich accepts a majority of their class through deferred students.

@Eeeee127 Yes, a good amount of deferred students end up getting accepted. However it is absolutely not a majority of the class.